Mastek Limited · NSE:MASTEK
Mastek — Equirus Business Services Conference 2018
17 slides from Mastek's conference presentation, February 2018
Slide 1: Exchange filing letter on institutional investor meeting
Mastek Limited, # 106/ 107, SDF-IV, Seepz, Andheri (E), Mumbai - 400 096, India. Tel +91 22 6695 2222 / 6722 4200 Fax +91 22 6695 1331 www.mastek.com Mastek Date: February 07, 2018 Listing Department Listing Department BSE Limited The National Stock Exchange of India Limited 25th Floor, Phiroze Jeej
Slide 2: Investor Presentation - Performance Overview
Mastek Investor Presentation Performance Overview Presented by: Abhishek Singh I Group CFO Date: February 2018 wkwi.mastelicorn
Slide 3: Disclaimer
Disclaimer Mastek This presentation contains certain forward-looking statements concerning our future growth prospects which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. These risks and uncertainties i
Slide 4: Company Overview
Company Overview Mastek Who we are Management Acquisitions What We Do 9M'18 Financials • Founded in 1982 by • Managed by • In 2000, Acquired services: • Operating Revenue Ashank Desai, Ketan handpicked Systems Task Group Rs 593.5 Cr; up Application Dev Mehta, Sudhakar professionals from a (STG)MCS G
Slide 5: Headwinds of FY'16
-• Headwinds of FY'16 Mastek ❑ Mastek faced significant headwinds in FY'16 due to: ✓ Conclusion of two major programs early in the year and slow ramp of new programs ✓ One project in UK had significant scope-creep and cost overrun; circa GBP 3.1 Mn ✓ Changing UK delivery landscape; more security cle
Slide 6: What's Changing?
What's Changing ? Mastek ❑ Business ✓ High focus on digital and agile transformation programmes ✓ Among top 3 to deliver large complex agile programs; help government to cut cost & time of delivery ✓ Continued investment in building deep domain & technology capabilities across sector ❑ UK Business ✓
Slide 7: Vision 2020
Vision 2020 Mastek ❑ Customers: To be their most respected, valued and trusted digital partner. NextGen supplier of choice. ❑ Employees: To be the employer of choice for new entrants and have industry leading employee engagement ratings. ❑ Investors: To be provide both an attractive financial return
Slide 8: The Disrupted & The Disruptors
Recognised as an 'Agile Disruptor' in Public Sector Mastek The Disrupted & The Disruptors IS% Top 10: UK PS SITS IaaS: Turnover 10% revenue growth/decline doubled 5% 0% -5% 111 IN IN IN "bjss (Mastek) Agile -10% development -15% -20% Disaggregation -25% I (ompu Ct.a) (enter beneficiaries 10.L; <tv4
Slide 9: TAISTECH — Key Facts
--1 TAISTECH — Key Facts Mastek • High —growth company providing end-to-end digital-commerce services including strategy, creative design, implementation and managed services. Business • Has been developing competencies and IP around mobile applications / big data etc. • Strong relationship and expe
Slide 10: TAISTECH — Update
TAISTECH — Update Mastek "10 Ks! Pf gFOOMING 2 BIG DATA. TAISTech Recognised among 10 fastest growing oracle :•11 '1111 P ASS NAlE N:L teg solution provider companies in Insights Success Magazine Cloud IP traffic is growing at a staggering rate of 30% each year which implies that Cloud Computing is
Slide 11: Quarterly Financial Performance
Quarterly Financial Performance M—astek smi Revenue —INR Growth —CC Growth EBITDA —EBITDA Margin(%) 2 300 50% 40 Figures in Rs Crore 0 40% U 30 200 30% C 20% 20 1 0. 100 10% LL 10 0% 0 -10% 0 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 No Net Profit —PAT Margin(%) 20 Figure
Slide 12: Financial Summary
I I I 1_ I I I Financial Summary Mastek 240.0 - 40.0 200.0 A llFigu res in Rs Crore 30.0 160.0 120.0 20.0 80.0 - 10.0 40.0 - 0.0 Q2FY18 Total Revenue 204.1 — EBITDA 29.3 — Net Profit 17.5 ❑ Q3FY18 Operating income grew at 5.6% in rupee terms and 4.1% in constant currency ❑ EBITDA stood at Rs 31.5 cr
Slide 13: Revenue Analysis Q3 FY'18
Revenue Analysis Q3 FY'18 Mastek Balancing our portfolio Revenue by Market Region Revenue by Industry Segment 2.1% 1.9% 6.0% 8.1% n.3°/ 11111111111111 masa* 29.8% 37.0% 38.9% 21.5% 17.3% 48.0% 33.4% 34.5% Q3FY18 Q2FY18 Q3FY17 Q3FY18 Q2FY18 Q3FY17 ■ UK ■ US Others ■ Government ■ Other Financial Servi
Slide 14: Revenue Analysis Q3 FY'18 - Service Line
lY Revenue Analysis Q3 FY'18 _ 4 Mastek Revenue By Service Line ■ Assurance & Testing ■ Agile Consulting ■ BI & Analytics fl Application Support & Maintenance ■ Digital Commerce ■ Application Development Q3FY18 Q2FY18 Investor Presentation ,lide 13 Mastek Ltd. 2017—Confidential www.mastek.com
Slide 15: Pillars of Performance Improvement
Pillars of Performance Improvement Mastek Re-entry in US Continued with DIGILITY & Digital Pursuit in acquisition of UK TaisTech Cost Realignment and Margin Improvement Investor Presentation to 14 A Mastek Ltd 2017—Confidential www.mastek.com
Slide 16: Mastek vs Peers
Mastek WS Peers Mastek Particulars Mastek Hexaware Mindtree MIT Tech Kainos Syntel Currency z z z z Closing price 431.5 370.1 735.2 790.0 341.0 22.3 Weekly % Change 2.8% -2.4% 10.8% 3.8% 1.4% 0.2% 52 week High/Low 515.00 -176.00 394.60 - 189.80 783.85 - 435.00 927.40 401.10 405.00 - 200.91 26.33 -15
Slide 17: End of Presentation
Mastek END OF PRESENTATION About Mastek Mastek is a publicly held (NSE: MASTEK; BSE: 523704) leading IT player with global operations providing enterprise solutions to government and enterprise organizations worldwide. With its principal offshore delivery facility based at Mumbai, India, Mastek oper